Quebec-headquartered FLO is both a charging network operator and an EV charging hardware provider. The company offers a full range of chargers, from commercial DC fast chargers all the way down to Level 2 chargers for home use. The FLO Home line of residential chargers includes three models: the 50-amp X3 and X6, and the… Read more »
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Northern Graphite starts sampling LDI graphite for battery anode materials
Canadian producer Northern Graphite is supplying samples of three standard battery anode material (BAM) products, as well as its Porocarb material, to manufacturers of lithium-ion and solid-state batteries. Northern’s demonstrator grades, produced using graphite from the company’s Lac des Iles (LDI) mine in Quebec acquired in 2022, are engineered to drive battery performance and meet… Read more »
Daimler Truck’s RIZON brand begins Canadian deliveries of electric trucks
RIZON, Daimler Truck’s North American electric truck brand, which launched in Canada in 2024, recently made its first delivery in that country to Villamar Construction in Victoria, British Columbia. The dump body truck is to be used in the company’s various building projects. RIZON will deliver 18 additional units in the near future to customers… Read more »
Volkswagen invests C$69 million in Patriot Battery Metals for PowerCo supply
German automaker Volkswagen is investing C$69 million ($48 million) to acquire a 9.9% stake in lithium exploration company Patriot Battery Metals and secure an offtake commitment for its battery manufacturer PowerCo to supply 100,000 tonnes of spodumene concentrate per year over a 10-year term and a potential 5-year extension period. Patriot will use the proceeds from… Read more »
NMG receives $50 million investment for its graphite ore-to-battery-material operations in Canada
Integrated graphite battery anode developer Nouveau Monde Graphite has received a combined equity investment of $50 million from the Canadian government’s Canada Growth Fund and the Government of Québec via its agent Investissement Québec, to continue advancing its development toward commercial operations. As the company prepares for a final investment decision regarding its Phase 2… Read more »
UK entrepreneur acquires electric snowmobile maker Taiga
Taiga Motors, which formerly positioned itself as a leader in snowmobile fleet electrification in the Nordic region and filed for creditor protection in Quebec last summer, is now under the control of a UK entrepreneur, Stewart Wilkinson. The word “taiga” means “boreal forest” or “snow forest.” Taiga also manufactures electric watercraft. In July, the company… Read more »
Nano One receives C$18 million to increase LFP cathode production in Canada
Canadian lithium-ion battery materials developer Nano One Materials has been granted C$18 million in financing from the Government of Québec to support the piloting of the company’s One-Pot process and increase production capacity at its Candiac plant. The financing includes a $15-million Canadian ($10.5-million US) loan from the Ministry of the Economy, Innovation and Energy… Read more »
GKN Hoeganaes to support First Phosphate’s LFP cathode materia development in Tennessee
GKN Hoeganaes, a division of GKN Powder Metallurgy, is collaborating with First Phosphate toward establishing a North American supply chain for lithium iron phosphate (LFP) batteries for EVs. The partnership follows GKN’s integration of First Phosphate’s magnetite into its proprietary Ancorsteel melting process. The process produces a high-purity iron powder, which serves as a precursor… Read more »
Nano One demonstrates the advantages of its One-Pot LFP cathode production process
Battery cathode active materials (CAM) developer Nano One Materials has conducted a study with chemical processing company Worley Chemetics to demonstrate the economic advantages of Nano One’s patented One-Pot process for lithium iron phosphate (LFP) cathode production. The comparative analysis showed that One-Pot could reduce total invested capital costs and operational costs of two 25,000-tonne-per-year… Read more »
FLO secures $136 million for North American EV charging network expansion
FLO, a Canada-headquartered EV charging network and infrastructure supplier, has secured $136 million in long-term capital, principally from a Series E equity financing led by Export Development Canada. Other participants were Caisse de dépôt et placement du Québec; Investissement Québec, as an agent of the Québec government; Business Development Bank of Canada; Energy Impact Partners;… Read more »